Komehyo Holdings Co., Ltd. · TSE:2780
Komehyo — Q1 FY2019 Earnings Presentation
14 slides from Komehyo's earnings presentation, Aug 10, 2018
Slide 1: Earnings Results Briefing for the First Quarter of the Fiscal Year Ending March 31, 2019
Earnings Results Briefing for the First Quarter of the Fiscal Year Ending March 31, 2019 August 10,2018 KOMEHYO Co., Ltd. Securities code: 2780 (Second Section, Tokyo and Nagoya Stock Exchanges) Corporate Planning Department IR strategy group Phone +81-52-249-5366
Slide 2: Overview of Income Statement (Consolidated)
Overview of Income Statement Consolidated (Millions of yen) FY2017 1Q FY2018 1Q FY2019 1Q Change YoY Net sales 9,153 9,849 11,271 ＋1,422 114.4％ Gross profit 2,539 2,940 3,224 ＋283 109.7％ Gross profit 27.7% 29.9% 28.6％ △1.3pt － margin SG&A 2,595 2,767 2,894 ＋127 104.6％ expenses Operating △55 173 329
Slide 3: Overview of Income Statement (Non-consolidated)
Overview of Income Statement Non- consolidated FY2017 1Q FY2018 1Q FY2019 1Q Change YoY (Millions of yen) Net sales 8,052 8,673 9,934 ＋1,261 114.5％ Gross profit 2,154 2,499 2,735 ＋236 109.5％ Gross profit 26.8% 28.8% 27.5％ △1.3pt － margin SG&A 2,225 2,401 2,445 ＋44 101.8％ expenses Operating △70 97 28
Slide 4: Operating income increase and decrease factor (Consolidated)
Operating income increase and decrease factor（ Consolidated ） Gross profit margin decreased 1.3pt､ but increased due to higher net sales Operating 600 income Gross profit (Millions of yen) margin S,G&A Expenses 500 decreased Increase Sales amount 1.3pt △140 △127 increase 400 +424 300 329 Personal ex
Slide 5: By Segment
By Segment Mainstay brand fashion business : significant increases in income and profit (Millions of yen) FY2017 1Q FY2018 1Q FY2019 1Q Change YoY Net sales 8,181 8,827 10,374 ＋1,547 117.5％ Fashion Brand Operating income △39 157 343 ＋185 218.3％ Operating margin △0.5％ 1.8％ 3.3％ ＋1.5pt － Net sales 948
Slide 6: Store Type
Store Type Expanding 33 stores in Japan 26 stores ５stores Large-scale Nagoya Store，Meieki Store, Shinjuku Store/ANNEX， Sales/Purchase ※ Ginza Store，Umeda Store Ladies casual Sales/Purchase Jewelry, precious metals, clothing, bags, watches,bags,clothing,etc. 6stores accessories Mid-scale Aoyama Store
Slide 7: Large stores
Large stores 1st anniversary of large three stores opening Shinjyuku store Umeda store Meieki store ANNEX Opening time ‘17.2 ‘17.5 ‘17.5 Meieki4-8-24 Shibata2-2-1, Shinjyuku3-19-7 Nakamura-ku Location Kita-ku,Osaka city Shinjyuku-ku Nagoya city OSAKA UK･GATE 1-3F Ranzan BLD B1-5F MEI CLASSY BLD 1-2F
Slide 8: E-commerce-induced sales
E-commerce-induced sales “Buy Online and Pick up in Store,” connecting brick-and-mortar stores with e-commerce sites, is on an upward trend Net sales (Millions of yen) FY2017 1Q FY2018 1Q FY2019 1Q YoY E-commerce- induced sales 1,325 1,453 1,842 126.8％ E-commerce-induced sales rate 16.5% 16.8% 18.5％
Slide 9: Purchases from individual customers
Purchases from individual customers Amounts in terms of purchases of used goods from individuals are highest ever owing to various measures Amount of purchase from individual FY2017 1Q FY2018 1Q FY2019 1Q Change YoY customers Purchasing Center 4,067 4,359 4,949 ＋590 113.5％ Home delivery Purchasing 2
Slide 10: FY2019 plan
FY2019 plan Revenue and profit growth both on a consolidated and Non-consolidated basis Consolidated 1Q FY2019 H1 plan YoY YoY (Millions of yen) Progress rate plan Net sales 22,900 110.3% 49.2% 50,000 109.9% Operating income 475 102.9％ 69.5％ 1,900 116.9% Ordinary income 475 100.4％ 68.6％ 1,900 117.9%
Slide 11: Subsidiary(1) KOMEHYO Auction
Subsidiary(1) KOMEHYO Auction To hold an auction twice a month Trade volume No. of member YoY (Millions of yen) companies FY2019 1Q 5,757 113.3％ 865 【To hold an auction twice a month】 From June 2018,we will hold jewelry, watch, bag auction twice a month to strengthen profitability. 【KOMEHYO Auction】
Slide 12: Subsidiary(2) KOMEHYO HONG KONG
Subsidiary(2) KOMEHYO HONG KONG Reuse business performance in Hong Kong has been relatively satisfactory Net sales YoY FY2019 1Q 381 154.1％ 【Inter-trading transactions in Hong Kong】 11
Slide 13: Subsidiary(3) Eve Corporation, Ark marketing japan
Subsidiary(3) Eve Corporation、Ark marketing japan Aim for synergy with KOMEHYO apparel Business Established Head Company name Business activities Capital Office Wholesale and retail of imported apparel,bags,and accessories; Operation of mail-order sites “Mike MUSEUM” Eve Corporation May 2010 Purchas
Slide 14: Subsidiary(4) Craft, Auto Parts Japan
Subsidiary(4) Craft、Auto Parts Japan Opened reuse specialty shop “U-ICHIBAN” Established Company name Business activities Location Capital Sale of passenger-car tires, April 1980 CRAFT Co., Ltd. aluminum wheels, auto accessories, JPY72million and parts Nakagawa Import, sale, and purchase of auto Nag